Founders Metals Inc. Announces Continuation to British Columbia
Founders Metals Inc. Announces Continuation
to British Columbia
Edmonton, Alberta--(Newsfile Corp. - May 12, 2021) -
Founders Metals Inc. (TSXV: FDR)
(the
"
Company
") is pleased to announce that it has continued its corporate jurisdiction from the federal
jurisdiction under the
Canada Business Corporations Act
to British Columbia under the
Business
Corporations Act
(British Columbia) (the "
Continuation
").
The Continuation was approved by the shareholders of the Company at the annual general and special
meeting of the shareholders held on April 30, 2021 (the "
Meeting
"). The principal effects of the
Continuation are set out in detail in the information circular for the Meeting dated March 29, 2021. The
information circular and charter documents for the Continuation are available on the Company's SEDAR
profile at
www.sedar.com
.
About Founders Metals Inc.
Founders Metals Inc. is a Canadian mineral exploration company focused on the acquisition and
development of exploration projects of significant scale and is currently actively developing the Elmtree
Gold Project in New Brunswick. Management has a substantial record of success in capitalizing on
opportunity, overcoming challenges, and building shareholder value.
Founders is part of the Metals Group of companies, managed by an award-winning team of
professionals who stand for technical excellence, painstaking project selection and uncompromising
corporate governance, with a proven ability to capitalize on investment opportunities and deliver
shareholder returns.
www.metalsgroup.com
ON BEHALF OF THE BOARD
/s/ "John Williamson"
President & CEO
For further information, please contact:
Nick Stajduhar, Director
Tel: (780) 701-3216
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the (TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
This release includes certain statements that may be deemed "forward-looking statements". All
statements in this release, other than statements of historical facts, that address exploration drilling,
exploitation activities and events or developments that the Company expects are forward-looking
statements. Although the Company believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially from those in the forward-
looking statements. Factors that could cause actual results to differ materially from those in forward-
looking statements include market prices, exploitation and exploration successes, continuity of
mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and
delays due to third party opposition, changes in government policies regarding mining and natural
resource exploration and exploitation, and continued availability of capital and financing, and general
economic, market or business conditions. Investors are cautioned that any such statements are not
guarantees of future performance and actual results or developments may differ materially from those
projected in the forward-looking statements. For more information on the Company, investors should
review the Company's continuous disclosure filings that are available at
www.sedar.com
.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/83872